Nvidia’s Jensen Huang says US rules pushed China toward self-reliance

Nvidia CEO Jensen Huang has said that export curbs and trade restrictions imposed by Washington have served as a ‘catalyst’ for China’s rapid progress in semiconductor development. Speaking to CNBC on the sidelines of Nvidia's GTC Berlin conference, Huang stated that American regulatory measures effectively pushed China to speed up its own domestic chip manufacturing and strive for technological self-reliance. The top executive also dismissed concerns over a memory chip glut, saying that a supply surplus is unlikely to materialise by 2029.US export curbs on ChinaCurrent US trade rules prohibit the export of advanced processors to China, including Nvidia's high-end artificial intelligence (AI) GPUs. Despite these barriers, reports have claimed, several Chinese entities have managed to access that computing power through third-party data centers based in Southeast Asia.